Post
Topic
Board Economics
Re: Thoughts on CBDC's and long-term effect on the cryptomarket
by
Silberman
on 15/07/2022, 12:40:03 UTC
Hi guys,

As a lot of you may now, the Central banks are heavy into the development of the CBDC's. I truly believe that these coins are a tool of the global elite to control us. You can take a dive into what these coins really are meant for and its pretty scary. Its basically the opposite of what crypto currencies today are meant for; centralization and complete control.

A lot of people see this as bullish for the Crypto currency market for obvious reasons, nevertheless I still believe the adoption of these CBDC's will be forced onto us. Just like the restrictions of the so called pandemic were forced onto us. This makes we wonder how these two polar opposites will co-exist, and what long-term effects it will have on the market.

I would like to know your thoughts on this.
Without a doubt they entail a huge risk to the population, but as long as bitcoin can still be used we could easily avoid most of their effects by just keeping enough CBDCs in order to function in a society dominated by them and then we keep the rest of our wealth in bitcoin, so they are bad and terrible news for people in general, but many of us are avoiding holding a lot of fiat even now, so things wont change much for us just because governments introduce those coins and find a better way to try to control us.